17-07-2012, 02:01 PM
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Sir AntiLag
Member
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Join Date: Oct 2011
Location: House of Panties
Posts: 422
Thanks: 28
Thanked 12 Times in 12 Posts
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Quote:
Originally Posted by Kato
No need to hurry up, but remember it is a never ending circle.
Want a house that costs $300k now? In 2 years time it will probably be worth $350k.
Your 20% deposit to avoid LMI would go from $60k to $70k. You would also have 'lost' $50k of appreciation.
So have a look at all avenues, sit down with a financial adviser now to plan when you can make the move, run 17's for a comfy ride and don't worry about body roll.
#winning.
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Couldnt agree more!!!
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